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Side-by-side financial comparison of COLLEGIUM PHARMACEUTICAL, INC (COLL) and IBEX Ltd (IBEX). Click either name above to swap in a different company.

COLLEGIUM PHARMACEUTICAL, INC is the larger business by last-quarter revenue ($205.4M vs $164.2M, roughly 1.3× IBEX Ltd). COLLEGIUM PHARMACEUTICAL, INC runs the higher net margin — 8.3% vs 7.4%, a 0.8% gap on every dollar of revenue. On growth, IBEX Ltd posted the faster year-over-year revenue change (16.7% vs 12.9%). COLLEGIUM PHARMACEUTICAL, INC produced more free cash flow last quarter ($122.4M vs $-5.1M). Over the past eight quarters, COLLEGIUM PHARMACEUTICAL, INC's revenue compounded faster (19.1% CAGR vs 13.8%).

Collegium Pharmaceutical, Inc. is a specialty pharmaceutical firm focused on developing and commercializing innovative, abuse-deterrent pain management therapies. Operating primarily in the U.S. market, it offers extended-release analgesics for chronic pain patients, serving providers across primary and specialty care segments.

The IBEX 35 is the benchmark stock market index of the Bolsa de Madrid, Spain's principal stock exchange. Initiated in 1992, the index is administered and calculated by Sociedad de Bolsas, a subsidiary of Bolsas y Mercados Españoles (BME), the company which runs Spain's securities markets. It is a market capitalization-weighted index comprising the 35 most liquid Spanish stocks traded in the Madrid Stock Exchange General Index and is reviewed twice annually. Trading on options and futures con...

COLL vs IBEX — Head-to-Head

Bigger by revenue
COLL
COLL
1.3× larger
COLL
$205.4M
$164.2M
IBEX
Growing faster (revenue YoY)
IBEX
IBEX
+3.8% gap
IBEX
16.7%
12.9%
COLL
Higher net margin
COLL
COLL
0.8% more per $
COLL
8.3%
7.4%
IBEX
More free cash flow
COLL
COLL
$127.4M more FCF
COLL
$122.4M
$-5.1M
IBEX
Faster 2-yr revenue CAGR
COLL
COLL
Annualised
COLL
19.1%
13.8%
IBEX

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
COLL
COLL
IBEX
IBEX
Revenue
$205.4M
$164.2M
Net Profit
$17.0M
$12.2M
Gross Margin
62.5%
Operating Margin
29.6%
9.3%
Net Margin
8.3%
7.4%
Revenue YoY
12.9%
16.7%
Net Profit YoY
35.3%
31.8%
EPS (diluted)
$0.48
$0.83

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
COLL
COLL
IBEX
IBEX
Q4 25
$205.4M
$164.2M
Q3 25
$209.4M
$151.2M
Q2 25
$188.0M
$147.1M
Q1 25
$177.8M
$140.7M
Q4 24
$181.9M
$140.7M
Q3 24
$159.3M
$129.7M
Q2 24
$145.3M
$124.5M
Q1 24
$144.9M
$126.8M
Net Profit
COLL
COLL
IBEX
IBEX
Q4 25
$17.0M
$12.2M
Q3 25
$31.5M
$12.0M
Q2 25
$12.0M
$9.6M
Q1 25
$2.4M
$10.5M
Q4 24
$12.5M
$9.3M
Q3 24
$9.3M
$7.5M
Q2 24
$19.6M
$9.8M
Q1 24
$27.7M
$10.3M
Gross Margin
COLL
COLL
IBEX
IBEX
Q4 25
62.5%
Q3 25
61.7%
Q2 25
57.7%
Q1 25
54.8%
Q4 24
54.0%
Q3 24
60.8%
Q2 24
62.5%
Q1 24
63.1%
Operating Margin
COLL
COLL
IBEX
IBEX
Q4 25
29.6%
9.3%
Q3 25
29.7%
9.1%
Q2 25
18.7%
8.3%
Q1 25
12.2%
9.5%
Q4 24
20.9%
8.5%
Q3 24
21.9%
7.0%
Q2 24
32.7%
10.3%
Q1 24
34.1%
8.9%
Net Margin
COLL
COLL
IBEX
IBEX
Q4 25
8.3%
7.4%
Q3 25
15.0%
8.0%
Q2 25
6.4%
6.5%
Q1 25
1.4%
7.4%
Q4 24
6.9%
6.6%
Q3 24
5.9%
5.8%
Q2 24
13.5%
7.9%
Q1 24
19.1%
8.1%
EPS (diluted)
COLL
COLL
IBEX
IBEX
Q4 25
$0.48
$0.83
Q3 25
$0.84
$0.82
Q2 25
$0.34
$0.63
Q1 25
$0.07
$0.73
Q4 24
$0.36
$0.57
Q3 24
$0.27
$0.43
Q2 24
$0.52
$0.55
Q1 24
$0.71
$0.57

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
COLL
COLL
IBEX
IBEX
Cash + ST InvestmentsLiquidity on hand
$386.7M
$15.5M
Total DebtLower is stronger
$594.0K
Stockholders' EquityBook value
$301.7M
$154.5M
Total Assets
$1.7B
$295.8M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
COLL
COLL
IBEX
IBEX
Q4 25
$386.7M
$15.5M
Q3 25
$285.9M
$22.7M
Q2 25
$222.2M
$15.3M
Q1 25
$197.8M
$13.0M
Q4 24
$162.8M
$20.2M
Q3 24
$120.0M
$62.3M
Q2 24
$271.6M
$62.7M
Q1 24
$318.0M
$50.7M
Total Debt
COLL
COLL
IBEX
IBEX
Q4 25
$594.0K
Q3 25
$726.0K
Q2 25
$796.0K
Q1 25
$735.0K
Q4 24
$695.0K
Q3 24
$802.0K
Q2 24
$867.0K
Q1 24
$820.0K
Stockholders' Equity
COLL
COLL
IBEX
IBEX
Q4 25
$301.7M
$154.5M
Q3 25
$274.8M
$143.6M
Q2 25
$232.2M
$134.3M
Q1 25
$234.4M
$124.2M
Q4 24
$228.8M
$108.9M
Q3 24
$234.3M
$171.1M
Q2 24
$216.6M
$165.8M
Q1 24
$222.2M
$159.3M
Total Assets
COLL
COLL
IBEX
IBEX
Q4 25
$1.7B
$295.8M
Q3 25
$1.6B
$283.9M
Q2 25
$1.6B
$273.2M
Q1 25
$1.6B
$274.7M
Q4 24
$1.7B
$272.5M
Q3 24
$1.6B
$306.3M
Q2 24
$1.1B
$293.9M
Q1 24
$1.1B
$289.6M
Debt / Equity
COLL
COLL
IBEX
IBEX
Q4 25
0.00×
Q3 25
0.01×
Q2 25
0.01×
Q1 25
0.01×
Q4 24
0.01×
Q3 24
0.00×
Q2 24
0.01×
Q1 24
0.01×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
COLL
COLL
IBEX
IBEX
Operating Cash FlowLast quarter
$123.0M
$6.6M
Free Cash FlowOCF − Capex
$122.4M
$-5.1M
FCF MarginFCF / Revenue
59.6%
-3.1%
Capex IntensityCapex / Revenue
0.3%
7.1%
Cash ConversionOCF / Net Profit
7.25×
0.54×
TTM Free Cash FlowTrailing 4 quarters
$327.6M
$29.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
COLL
COLL
IBEX
IBEX
Q4 25
$123.0M
$6.6M
Q3 25
$78.4M
$15.7M
Q2 25
$72.4M
$27.9M
Q1 25
$55.4M
$8.8M
Q4 24
$84.6M
$1.1M
Q3 24
$-9.0M
$7.8M
Q2 24
$67.4M
$17.4M
Q1 24
$61.9M
$11.4M
Free Cash Flow
COLL
COLL
IBEX
IBEX
Q4 25
$122.4M
$-5.1M
Q3 25
$78.3M
$8.0M
Q2 25
$72.4M
$22.8M
Q1 25
$54.6M
$3.6M
Q4 24
$84.1M
$-3.2M
Q3 24
$-9.2M
$4.1M
Q2 24
$67.1M
$15.2M
Q1 24
$61.4M
$9.7M
FCF Margin
COLL
COLL
IBEX
IBEX
Q4 25
59.6%
-3.1%
Q3 25
37.4%
5.3%
Q2 25
38.5%
15.5%
Q1 25
30.7%
2.5%
Q4 24
46.2%
-2.3%
Q3 24
-5.8%
3.2%
Q2 24
46.2%
12.2%
Q1 24
42.3%
7.7%
Capex Intensity
COLL
COLL
IBEX
IBEX
Q4 25
0.3%
7.1%
Q3 25
0.1%
5.1%
Q2 25
0.0%
3.5%
Q1 25
0.4%
3.7%
Q4 24
0.3%
3.1%
Q3 24
0.2%
2.8%
Q2 24
0.2%
1.8%
Q1 24
0.4%
1.3%
Cash Conversion
COLL
COLL
IBEX
IBEX
Q4 25
7.25×
0.54×
Q3 25
2.49×
1.30×
Q2 25
6.05×
2.91×
Q1 25
22.92×
0.84×
Q4 24
6.75×
0.12×
Q3 24
-0.96×
1.03×
Q2 24
3.44×
1.77×
Q1 24
2.23×
1.11×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

COLL
COLL

Segment breakdown not available.

IBEX
IBEX

Transferred Over Time$147.1M90%
Transferred At Point In Time$17.1M10%

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